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235 Cecil B Moore Ave
Philadelphia, PA 19122
Land For Sale
·
0.07 AC
INVESTMENT HIGHLIGHTS
- Fully approved development site in a Qualified Opportunity Zone with significant tax benefits.
- Located one block from the North American Street commercial corridor, a hub of redevelopment activity.
- Excellent access to major highways, public transit, and Center City Philadelphia.
- Zoning approval for a four-story multifamily building with 18 residential units.
- Situated in a Mixed Income Overlay District, supporting affordable housing requirements.
- Surrounded by a growing mix of retail, dining, and cultural amenities in Norris Square.
EXECUTIVE SUMMARY
PROPERTY FACTS
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.07 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | CMX-2 - commercial mixed-use district | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.07 AC |
| Opportunity Zone |
Yes |
| Zoning | CMX-2 - commercial mixed-use district |
1 LOT AVAILABLE
Lot
| Price | $923,126 CAD | Lot Size | 0.07 AC |
| Price Per AC | $12,410,943.69 CAD |
| Price | $923,126 CAD |
| Price Per AC | $12,410,943.69 CAD |
| Lot Size | 0.07 AC |
3240 sq ft
DESCRIPTION
235-41 Cecil B Moore Avenue presents a fully approved Qualified Opportunity Zone (QOZ) development opportunity in the rapidly transforming Norris Square neighborhood of Philadelphia. This offering includes three parcels totaling 3,240 square feet, with zoning approval for a ground-up, four-story multifamily building. The proposed plan features 18 residential units, capitalizing on the area’s strong demand for urban housing. Located just one block from the North American Street commercial corridor, the property benefits from proximity to major redevelopment projects, light industrial conversions, and new residential communities. The CMX-2 zoning and Mixed Income Overlay District provide flexibility and affordability incentives, while the QOZ designation offers significant tax advantages for investors, including deferred capital gains through 2026. The site’s strategic location ensures excellent connectivity to Center City, I-95, and public transit, making it ideal for residents seeking convenience and accessibility. Surrounded by a vibrant mix of retail, dining, and cultural destinations, this property is positioned for long-term value growth. With zoning approvals in place and strong neighborhood momentum, 235-41 Cecil B Moore is a prime opportunity for developers and investors to deliver a high-demand multifamily project in one of Philadelphia’s most dynamic submarkets.
PROPERTY TAXES
| Parcel Number | 183020401 | Improvements Assessment | $0 CAD |
| Land Assessment | $165,124 CAD | Total Assessment | $165,124 CAD |
PROPERTY TAXES
